Greenhill Future Growth

Future criteria checks 1/6

Greenhill is forecast to grow earnings and revenue by 53.5% and 11.9% per annum respectively while EPS is expected to grow by 56.5% per annum.

Key information

53.5%

Earnings growth rate

56.5%

EPS growth rate

Capital Markets earnings growth	13.1%
Revenue growth rate	11.9%
Future return on equity	n/a
Analyst coverage	Low
Last updated	10 Nov 2023

Recent future growth updates

Recent updates

Greenhill (NYSE:GHL) Has Announced That It Will Be Increasing Its Dividend To US$0.10

Feb 08

Earnings and Revenue Growth Forecasts

NYSE:GHL - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	257	-8	N/A	N/A	1
12/31/2024	297	-22	N/A	N/A	2
12/31/2023	206	-59	N/A	N/A	1
9/30/2023	223	-27	26	32	N/A
6/30/2023	277	15	13	21	N/A
3/31/2023	244	-8	15	23	N/A
12/31/2022	243	3	21	28	N/A
9/30/2022	266	12	38	43	N/A
6/30/2022	275	18	69	71	N/A
3/31/2022	282	28	108	110	N/A
12/31/2021	305	42	126	131	N/A
9/30/2021	329	77	101	117	N/A
6/30/2021	296	47	76	95	N/A
3/31/2021	300	41	46	65	N/A
12/31/2020	296	31	67	84	N/A
9/30/2020	260	-8	42	48	N/A
6/30/2020	289	17	69	72	N/A
3/31/2020	291	19	65	67	N/A
12/31/2019	274	11	13	14	N/A
9/30/2019	255	-2	56	58	N/A
6/30/2019	255	-6	61	62	N/A
3/31/2019	293	17	92	94	N/A
12/31/2018	330	39	114	116	N/A
9/30/2018	308	2	63	65	N/A
6/30/2018	275	-15	15	18	N/A
3/31/2018	258	-20	21	24	N/A
12/31/2017	232	-27	13	15	N/A
9/30/2017	271	23	68	70	N/A
6/30/2017	299	42	N/A	91	N/A
3/31/2017	322	56	N/A	94	N/A
12/31/2016	332	61	N/A	124	N/A
9/30/2016	306	45	N/A	101	N/A
6/30/2016	281	33	N/A	86	N/A
3/31/2016	264	22	N/A	77	N/A
12/31/2015	259	26	N/A	93	N/A
9/30/2015	261	33	N/A	92	N/A
6/30/2015	302	52	N/A	125	N/A
3/31/2015	292	51	N/A	98	N/A
12/31/2014	274	43	N/A	103	N/A
9/30/2014	274	44	N/A	86	N/A
6/30/2014	226	26	N/A	53	N/A
3/31/2014	250	33	N/A	74	N/A
12/31/2013	286	47	N/A	68	N/A
9/30/2013	302	46	N/A	103	N/A
6/30/2013	320	53	N/A	118	N/A
3/31/2013	281	40	N/A	105	N/A
12/31/2012	284	42	N/A	95	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: GHL is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: GHL is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: GHL is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: GHL's revenue (11.9% per year) is forecast to grow faster than the US market (8.1% per year).

High Growth Revenue: GHL's revenue (11.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if GHL's Return on Equity is forecast to be high in 3 years time

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2023/12/02 00:30
End of Day Share Price	2023/11/30 00:00
Earnings	2023/09/30
Annual Earnings	2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Greenhill & Co., Inc. is covered by 17 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Michael Needham	BofA Global Research
James Mitchell	Buckingham Research Group Inc.
William Tanona	Collins Stewart LLC

Greenhill Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Price target decreased by 7.6% to US$11.08

Price target decreased by 7.3% to US$11.58

Consensus EPS estimates fall by 52%

Consensus EPS estimates fall by 16%

Consensus EPS estimates increase by 13%

Price target increased by 15% to US$9.75

Recent updates

Greenhill & Co., Inc. Files Form 15

Greenhill & Co., Inc. Files Form 15

Mizuho Americas LLC completed the acquisition of Greenhill & Co., Inc. (NYSE:GHL) from Bok Family Partners, L.P. and others.

Greenhill & Co., Inc. Announces Directors Changes

Greenhill & Co., Inc. Declares Dividend, Payable on December 27, 2023

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Upcoming dividend of US$0.10 per share at 2.7% yield

Second quarter 2023 earnings: EPS in line with expectations, revenues disappoint

Upcoming dividend of US$0.10 per share at 2.8% yield

Mizuho Americas LLC entered into an agreement and plan of merger to acquire Greenhill & Co., Inc. (NYSE:GHL) from Bok Family Partners, L.P. and others for approximately $380 million.

Price target decreased by 7.6% to US$11.08

Greenhill (NYSE:GHL) Has Announced A Dividend Of $0.10

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Greenhill & Co., Inc. Declares Dividend, Payable on June 21, 2023

Price target decreased by 7.3% to US$11.58

Consensus EPS estimates fall by 52%

Consensus EPS estimates fall by 16%

Investor sentiment deteriorates as stock falls 23%

Consensus EPS estimates increase by 13%

Investor sentiment deteriorates as stock falls 18%

Now 22% undervalued

Full year 2022 earnings: EPS and revenues miss analyst expectations

Upcoming dividend of US$0.10 per share at 3.6% yield

Greenhill Saw That Q4 Pop, But Optimism Maybe Premature

President and Co-Head of U.S. M&A exercised options to buy US$759k worth of stock.

Investor sentiment deteriorates as stock falls 15%

Greenhill (NYSE:GHL) Is Due To Pay A Dividend Of $0.10

Full year 2022 earnings: EPS and revenues miss analyst expectations

Greenhill & Co. Declares Dividend, Payable on March 22, 2023

Greenhill Q4 GAAP EPS, revenue down, share buybacks authorized

Price target increased by 15% to US$9.75

Consensus forecasts updated

Price target increased to US$12.33

Greenhill & Co., Inc. to Report Q4, 2022 Results on Feb 01, 2023

Consensus EPS estimates have been upgraded.

Investor sentiment improved over the past week

Upcoming dividend of US$0.10 per share

Chairman & CEO recently bought US$483k worth of stock

Price target increased to US$11.00

Chairman & CEO exercised options to buy US$813k worth of stock.

MD, COO & CFO exercised options to buy US$466k worth of stock.

Investor sentiment improved over the past week

Price target increased to US$10.67

Greenhill & Co., Inc. Declares Dividend, Payable on December 21, 2022

Price target decreased to US$6.25

Greenhill & Co., Inc. to Report Q3, 2022 Results on Nov 02, 2022

Consensus EPS estimates fall by 17%

Greenhill goes ex-dividend tomorrow

Chairman & CEO recently bought US$233k worth of stock

Upcoming dividend of US$0.10 per share

Chairman & CEO recently bought US$1.1m worth of stock

Now 22% undervalued after recent price drop

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

Greenhill & Co., Inc. Has Declares Dividend, Payable on September 28, 2022

Greenhill GAAP EPS of -$1.03 misses by $0.58, revenue of $36M misses by $3.77M

Consensus forecasts updated

Consensus EPS estimates fall by 21%

Price target decreased to US$13.25

Piper Sandler cuts PT on Greenhill, reaffirms Neutral rating

Greenhill & Co., Inc. to Report Q2, 2022 Results on Aug 02, 2022

Greenhill & Co., Inc.(NYSE:GHL) dropped from Russell 2000 Dynamic Index

Investor sentiment deteriorated over the past week

Now 23% undervalued after recent price drop

Chairman & CEO recently bought US$911k worth of stock

Upcoming dividend of US$0.10 per share

Now 23% undervalued after recent price drop

Independent Director recently bought US$122k worth of stock

Consensus EPS estimates fall by 60%

First quarter 2022 earnings: EPS and revenues miss analyst expectations